Gain customer insights | Competitive Benchmarks | True Trade Areas | Industry Trends | Foot Traffic Counts | Special Event Analysis | Customer Favorite Places | Credit Card Trends | Commercial and Residential Real Estate | Labor Markets | Demographics and Psychographics | Consumer Spending Profiles | Retail, Restaurant, and Hotel Sales
The BusinessFlare Approach to analytics is focused on understanding the real world influence of the drivers of investment: Land | Labor | Capital | Markets | Regulation.
We utilize many standard and new cutting edge tools to provide comprehensive, near real-time actionable information. We can help you understand your community's economic dynamics and market position. We can provide you with data for your own analysis, we can analyze it for you and provide general strategy guidance and detailed implementation plans. And, we can even implement those plans for you.
In addition to our traditional and unique data sources, BusinessFlare has partnered with Placer Labs to provide near real-time consumer location analytics for cities, downtowns, redevelopment areas, and other commercial districts and destinations. Through this information, we can provide our clients with insights into audiences and competition allowing the discovery of new business and economic development opportunities.
Get accurate foot traffic counts and dwell time – filter by time, day of the week, and customer segments. Understand how promotions, holidays, seasonality, and events impact business. Discover True Trade Areas – where customers live and work.
The above chart only touches the surface of the market insights available for cities, downtowns and destinations. This chart demonstrates the impact of the COVID-19 pandemic and associated restrictions on various commercial districts in Miami-Dade County, Florida. While this information itself is valuable, imagine digging deeper to understand the changes in each district's true trade area; the demographics and home location of its visitors and employees; their favorite places to shop, dine, exercise, and play; and where their loyalties lie.
Now imagine combining that information with our retail spending estimates derived from credit card trends and other sources, matching that to real-time commercial and residential real estate trends, and then rounding out your understanding of your community's true economic profile with an understanding of your labor market. Our unique approach to understanding how land, labor, capital, markets and regulation influence your local economy, and then identifying how your community can realistically influence and capitalize on those drivers will position your community for economic growth.